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Condensed Consolidated Income Statements - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]        
Revenues $ 570,222 $ 592,349 $ 1,125,405 $ 1,167,644
Costs, expenses and other operating        
Cost of sales (exclusive of items shown separately below) 451,088 474,388 889,559 929,168
Depreciation, depletion and amortization 26,524 30,549 51,797 60,252
Accretion on asset retirement obligations 5,137 6,993 10,274 13,985
Amortization of sales contracts, net 11 3,248 76 6,299
Change in fair value of coal derivatives and coal trading activities, net (8,400) 15,138 (21,381) 11,724
Selling, general and administrative expenses 25,209 24,756 49,298 50,704
Costs related to proposed joint venture with Peabody Energy 3,018 0 3,018 0
Loss on sale of Lone Mountain Processing, LLC (4,304) 0 (4,304) 0
Other operating income, net (3,239) (7,318) (4,889) (14,250)
Costs, expenses and other operating 503,652 547,754 982,056 1,057,882
Income from operations 66,570 44,595 143,349 109,762
Interest expense, net        
Interest expense (4,375) (5,050) (8,807) (10,445)
Interest and investment income 2,088 1,552 4,231 2,825
Interest expense, net (2,287) (3,498) (4,576) (7,620)
Income before nonoperating expenses 64,283 41,097 138,773 102,142
Nonoperating (expenses) income        
Non-service related pension and postretirement benefit (costs) credits (1,336) 68 (3,102) (1,235)
Net loss resulting from early retirement of debt and debt restructuring 0 (485) 0 (485)
Reorganization items, net (16) (740) 71 (1,041)
Nonoperating expenses (1,352) (1,157) (3,031) (2,761)
Income before income taxes 62,931 39,940 135,742 99,381
Provision for (benefit from) income taxes 91 (3,366) 161 (3,910)
Net income $ 62,840 $ 43,306 $ 135,581 $ 103,291
Net income per common share        
Basic earnings per common share (in dollars per share) $ 3.80 $ 2.15 $ 7.97 $ 5.03
Diluted earnings per common share (in dollars per share) $ 3.53 $ 2.06 $ 7.45 $ 4.81
Weighted average shares outstanding        
Basic weighted average shares outstanding (in shares) 16,543 20,156 17,018 20,529
Diluted weighted average shares outstanding (in shares) 17,781 21,036 18,190 21,456
Dividends declared per common share (in dollars per share) $ 0.45 $ 0.40 $ 0.90 $ 0.80